Building an email list is still considered to be an essential part of a successful business. It is expected that email users globally will reach around 4.3 billion by the year 2023. Let’s look at the below article to analyze the various ways through which you can monetize your email list.
Consulting is one of the most effective ways to monetize your email list. Through consulting, you will be selling the knowledge you possess in the best way possible. It is mainly done through one-to-one contact with your customer or subscriber.
Since consultation is provided as a personalized service, you can charge your customers accordingly since it takes your time and effort. There are certain limitations as well since you are selling your time for money, there are limits for you to scale your business since there will be a shortage of time.
Consulting is considered to be the best way to monetize your email list when you are in the beginning stage. You will be able to gather a deeper understanding and knowledge about your email subscribers and your target audience and this will help you in improving your skills and building testimonials on the way.
Paid Newsletters
There are lots of companies that make millions of dollars selling their paid newsletters. Once you have a personal relationship with your audience you can start providing them with a newsletter on a regular basis such as weekly, daily or on a monthly basis.
Paid newsletters are one of the best sources to monetize your email list especially if you are in a niche category. You can provide your audience with the most frequent and fresh information. A newsletter can be an excellent and the best way to monetize your email list.
In the recent years, Affiliate marketing has gained a lot of popularity. It is said that nearly 81% of the businesses are relying on affiliate marketing for selling their products and services.
The only problem you would face is to find the ideal affiliate product which will be useful for your subscribers according to their interests and activities.
It works on a simple principle you will have to help your audience find the accurate product that will help them improve their quality of life and makes it easy and in return, you will receive a small commission.
There are certain websites or businesses you can tie up with for selling affiliate products. For physical products, you can tie up with popular companies such as Amazon, Walmart, Chewy, etc. and for Info Products you can tie up with ClickBank, Cj Affiliate, JVZoo, etc.
Webinars are also considered an effective way to monetize your email lists. It is kind of similar to consulting the only difference is instead of one-to-one consultation you will be delivering it to a larger set of people.
You can conduct webinars or masterclass programmes for your email list by providing personalized information and training for in demand skills or information and training required by your audience.
The challenge will be to find out the need of your subscriber list and providing an accurate service. When compared to consulting, conducting webinars has its own benefits such as you can reach a large number of audiences at the same time but you wouldn’t be able to charge a lot for your webinars as much as you can charge for personalized consultations.
Webinars can be a starting step for you to monetize your email lists and later on you can upsell by providing affiliate products or personal consultations to interested audiences who require one to one consultation.
Solo Ads is a method through which individual brand or businesses pay you for sending promotional emails to your email lists for them. There is a different way through which you can earn through Solo Ads or Display Ads.
The number of clicks your emails get and through the number of emails subscribers who receive the promotional emails. One major thing to keep in mind before you promote your solo emails is that you will have to find ethical brands and companies as it is a matter of your reputation.
If you promote the products and services of the people who don’t have an ethical code of conduct and work only for their interests this will spoil your reputation.
You can also monetize your email list through Display Ads. Display Ads have lost their popularity over the years but still, it is one of the ways through which you can monetize your email lists.
FAQ
How do email lists make money?
Several brands and companies will happily pay you commissions on any sales you generate for their brand. Instead of selling your own products and services to your email list, you can sell someone else’s products that are a great match for your audience and get a commission.
What is a good email list size?
You’re first going to need the list size of about 1,000 people, as it’s a good sample size that you can extract some data from.
What is open rate marketing?
Open Rate is an email marketing metrics that measures the percentage rate at which emails are opened. Though it is a general indicator of subject line effectiveness, it can be a misleading metric for online marketers.
Conclusion
These are some of the most effective ways to monetize your email list. If you are at the beginning stage you can choose one of the methods mentioned above.
WeTransfer is a platform wherein users can send and receive large files. Rinke Visser, Bas Beerens and Nalden founded the company in 2009. The founders named the platform, ‘Collect by WeTransfer’. WeTransfer revenue model is successful and let us see how it has worked for them in this article.
The best part about this application is that the user need not sign up. You can send files up to 2GB of data and without any issues. It does not take too much data too. There are a lot of free users and there is also an option to pay and subscribe. You can send a particular file to one user or many users using the e-mail service.
The WeTransfer platform worked with a small service provider from 2009 to 2011. As the user base increased, the scalability and the increased traffic became a problem. For better complying with their needs, they moved to Amazon web services. WeTransfer then started using Amazon Simple Storage Service and Amazon CloudFront.
Not a Tech Company but an Idea Business
WeTransfer not only provides a platform for people to share files online on the go. They have a very important principle they use for the platform to make it stand out of the crowd. They provide 30 per cent of the ad space in the platform to artists and social causes. By doing so, they commit to be a platform that provides a place for new ideas to be born. They commit to this principle to provide their support in changing the world for good.
Top Competitors Of WeTransfer
WeTransfer is a platform that has only been in service for about a decade. This means that there are various competitors that provide the same services. The basic function of all these platforms is similar. The major difference comes in with the storage space, tools, and interface of the platform.
Some major competitors for WeTransfer
The top WeTransfer alternatives are as follows:
Google Drive: Being one out of the range of products from Google, Drive is most used for the Gsuite tools. It is also the easy to use platform for many as Google’s other products work cohesively with it. The permission management of Google Drive is also simple and easy to use. This makes it a big competitor for WeTransfer.
Dropbox: With a simple interface, Dropbox offer 2GB basic storage to its users. This platform is best for coordinating and working online as it is easy to share content. Excellent permission management is also one other strength of Dropbox.
Smash: Smash works by providing an unlimited size on the sharable files in the platform. The platform does not charge its users while limiting the constraints to a few. The only limitation is that the files stay on the platform for 14 days in the free version. It is best suited for businesses which handle huge volumes of data on a daily basis.
Revenue Model Of WeTransfer
The platform has over 25 million active users every month. The client list also includes various big corporations throughout the world. Even with lesser users, WeTransfer competes with its established counterparts. The use of an arty and idea promoting interface brings the platform its Unique Selling Point. The ability to transfer data without registering also user likability towards the interface.
The client list of WeTransfer includes many big names but it is still a small company. But, the revenue generating capability of the company is not at all in question . The company uses 2 main sources of revenue from the platform.
How WeTransfer earns the revenues?****
The first method is from the free version of the application. It generates about 40 per cent of the total revenue of the product. The application makes use of full-screen ads in a creative design. This makes advertisements more visible and less disturbing to users. With the absence of banner ads, users feel more comfortable to work with the platform.
Besides, the platform lends 30 per cent of its ad space to artists and ideas promoting creatives. This adds a colorful approach to the platform while keeping it simple and easy to use.
The other stream of revenue for the WeTransfer platform is the premium version. This subscription costs $11 per month and gives users a range of added features. This increases the limit for transfer to 10GB and provides a 50GB online storage space. The WeTransfer app also allows the user to make use of a custom URL. The premium subscription provides extra security to the sent files through password protection. Some of the top advertisers include Google chrome, Adobe Shutter stock, etc.
WeTransfer uses a creative marketing strategy for their product. To involve more creatives to push the platform up for a global boost, they started a new campaign. The platform has pinned the campaign, ‘Doubt. Create. Repeat’. It aims to promote the other products that the company has.
The company has a name in creative community for supporting artists and their ideas. This new campaign emphasizes the power of doubting to bring up new ideas to existence. The company strives to create a platform with all the tools for creatives, to work on the go. With the new updated tools, creatives can do all they want. The new ad campaign also emphasizes the new features of these tools.
With their roots in improving the creative community from the beginning, the mission of the company is to bring out a platform that enables creative professionals to work without boundaries in the current state of working from homes. By placing the people and their ideas first, WeTransfer puts lesser importance on technology and emphasizes the utility the platform provides to the creatives around the world.
Conclusion
With a deeply connected root to the creative community, WeTransfer is drawing its heritage in embracing each step of the creative process. With increased focus towards developing tools for aiding creatives in each part of the process, the applications Paste, Paper and Collect help artists flourish in the current generation of remote working. The latest ad campaign of WeTransfer, ‘Doubt. Create. Repeat.’ enhances their mission on a massive scale to attract creative professionals from around the globe to create world-changing ideas.
Instagram has become to most used Social Media platform in the recent years. Influencer marketing has been increasing and this has been a provided a platform for celebrities and athletes to earn through Instagram and other Social Media platforms.
We can see a lot of promotions on the social media platforms by the top celebrities and athletes. Let’s look at the article to understand how much these top athletes charge for brand endorsements.
Cristiano Ronaldo is a Portuguese football player. He plays for the football club Juventus and is the captain of the Portugal National Football team. Ronaldo is often considered to be the best player in the world and is addressed as one of the greatest players of all time.
Cristiano Ronaldo has 276 million followers on Instagram and he receives an amount of USD 750,000 per promotion on Instagram.
Cristiano Ronaldo
Neymar JR
Neymar Da Silva Santos Junior is a Brazilian International footballer. He plays for the football club Paris Saint-Germain (PSG) and also for the National Football team of Brazil. He is one of the best players in the world.
Neymar has around 148 million followers on Instagram and he receives an amount of USD 600,000 per promotion on Instagram.
Neymar JR
Lionel Messi
Lionel Andres Messi is an Argentine International Footballer. He is the captain of the famous football club Barcelona and Argentina national team. He holds the record of most goals ever scored by a single player. He is also considered as the best player in the world and is addressed as one of the greatest players of all time.
Lionel Messi has 195 million followers on Instagram and he receives an amount of USD 500,000 per promotion on Instagram.
David Robert Joseph Beckham is a former Footballer. He has played for various clubs which include Manchester United, Real Madrid, Paris Saint-Germain, etc. He was also part of the national team of England. David Beckham has 65.7 million followers on Instagram and he receives an amount of USD 300,000 per promotion on Instagram.
David Beckham Instagram
Gareth Bale
Gareth Frank Bale is a Welsh International Footballer. He plays for the club Tottenham Hotspur and he plays for the Wales National Football team as well. Gareth Bale has 43.7 million followers on Instagram and he receives an amount of USD 185,000 per promotion on Instagram.
Gareth Bale
Zlatan Ibrahimović
Zlatan Ibrahimović is a Swedish International Footballer. He plays for the football club Milan and for the Sweden National Football team. He is known as the best strikers of all time. Zlatan Ibrahimović has 47 million followers on Instagram and he receives an amount of USD 175,000 per promotion on Instagram.
Luis Alberto Suarez Diaz is a Uruguayan International Footballer. He plays for the Spanish football club Atletico Madrid. He also plays for the National Football team of Uruguay. He is one of the best players of his generation and one of the most expensive players in the history of football.
Luis Suarez has 40.1 million followers on Instagram and he receives an amount of USD 150,000 per promotion on Instagram.
Luis Suarez
Conor McGregor
Conor Anthony McGregor is an Irish Professional Mixed Martial Artist and a boxer. He is a former Ultimate Fighting Championship (UFC) lightweight and featherweight champion. He has 39.6 million followers on Instagram and he receives an amount of USD 125,000 per promotion on Instagram.
Conor McGregor
Virat Kohli
Virat Kohli is the only Indian Athlete in the top 10 list of the most paid athletes for Instagram posts. Virat Kohli is the Captain of the Indian Cricket Team and is one of the best cricketers in the world. He is considered to be one of the best contemporary batsmen in the world. Virat Kohli has 108 million followers on his Instagram and he receives an amount of USD 120,000 per promotion on Instagram.
Stephen Curry is an American professional basketball player. He plays for the Golden State Warriors of the National Basketball Association (NBA). He has been regarded as the greatest shooter in the history of NBA.
Stephen Curry has been named twice as the most Valuable player of NBA. Stephen Curry has 33.3 million followers on Instagram and he receives an amount of USD 110,000 per promotion on Instagram.
Stephen Curry
FAQ
Who is the richest athlete ever?
Michael Jordan, a former 6-time world NBA champion has received unbelievable endorsement deal from prime sportswear companies like NIKE, Chevrolet, among others and is one of the richest athlete.
Who is the richest sportsman 2020?
Roger Federer, is the richest sportsman of 2020 with a net worth of $106.3 million.
What sport gets paid the most?
Basketball is the highest paid sport with an Average Salary of $4.9 million.
Conclusion
The above is the list of top athletes who are earning the most through Instagram.
Suhas Gopinath is an Indian entrepreneur, who is the Founder, Chief Executive Officer (CEO) & Chairman of the multinational IT company, Globals Incorporation. Three years after the launch of the company, he became CEO at the age of 17. At that time, he was the world’s youngest CEO of a company. He also serves as the CEO of HappyEMI, which he co-founded in 2017. In 2010, he received Venture Fellow at New York City Economic Development Corporation (NYCEDC). As of 2020, he holds a net worth of $1 million- $5 million.
Suhas was born in Bangalore, Karnataka, India. His father worked as a defense scientist for the Indian Army and his mother was a homemaker. During his early teens, he learned to make websites through the help of books.
Suhas Gopinath – Education
Suhas completed his formal education from Air force School. He studied Bachelor of Engineering- BE from Ramaiah Institute of Technology.
He further studied Economics, Public Leadership, Policy from Harvard University (2008-2010). He holds a diploma on global leadership and public policy from the John. F. Kennedy School of Government and Harvard University.
Suhas Gopinath – Professional Life
Suhas was recognized the world’s youngest web developer as he made his first website, www.coolhindustan.com at the age of 14. He incorporated Globals Inc. in the year in 2000. He became the CEO of his company at the age of 17 and was declared for a time, the youngest CEO.
He was a member of Information and Communication Technologies (ICT) Advisory Board at the World Bank Group for two years (November 2009-2011). He was the National Co-Chairman of Federation of Indian Chambers of Commerce and Industry (FICCI), ICT and Digital Economy.
World Economic Forum recognized him asthe Young Global Leader in 2008. Since April 2012, he has been serving as Advisor to the Government of India. He is the member of National Expert Advisory Committee on Innovation, Incubation, Technology & Entrepreneurship (NEAC-IIITE) under DST, Government of India.
Suhas belonged to a era when computers just made its appearance in the Indian market. At that time, it was difficult for him to own a computer, so he made a deal with a cafe owner. He used to look after the cafe during the lunch hours and in return he used the computer to learn programming and web designing.
At age 14, he made his first website www.coolhindustan.com, which served the NRIs. Post that, the companies started approaching him for work. He strongly believed that IT is not only a technology but a tool that can solve the problems of the people.
Suhas Gopinath – Founder of Globals Inc.
Globals Inc. Logo
Suhas founded his Bangalorebased company Globals Incorporation in August 2000 and serves as its CEO. Globals Inc. oversees planning Strategy and Marketing, managing Finance, Business Development.
Under his leadership, the company has rigorously grown from a small office to a globally recognized multinational firm offering its services in web, e-commerce, and mobile. Today, Globals Inc. owns its offices in the United States, India, Canada, Germany, Italy, and the UK among others.
Suhas Gopinath – Co-founder & CEO of HappyEMI
HappyEMI Logo
In May 2017, Suhas co-founded the Bangalorebased company, HappyEMI and serves as its CEO. It is a next generation consumer finance firm that provides shoppers with instant financing at the point of-sale in-stores. The online platform makes it people-less, paperless financing platform.
It is known for its data driven approach that sanctions risk beyond credit score to reach an extensive consumer base through alternative data points. The company basically helps its retail partners to improve sales conversions, uplift basket sizes, and increase customer satisfaction.
The company has signed up with major brands under the categories of mobile, consumer durables, home improvement and car accessories. However, it currently focuses on mobile category. It monetizes by assistance from the manufactures and retailers, and financing charges from consumers.
Suhas received the World’s Youngest Entrepreneur award by CNBC and eBusiness.
He received the World’s Youngest CEO award from Limca, BBC, Washington Times, The Age.
He was the youngest CEO among the 175 recipients of Karnataka’s Rajyotsava Award in 2005.
At the European Parliament Brussels, he was conferred with Young Achiever Award by the European Parliament and International Association for Human Values on 2 December, 2007.
He was invited to represent the World Bank’s ICT Leadership Roundtable for adopting ICT in Africa and increase employment by fostering ICT skills in students from these countries.
For 2008-2009, he was declared the Young Global Leader by the World Economic Forum, Davo. With this position, he was responsible to show his involvement in development programs across the world.
In 2009, Global Social Innovators forum conferred him with the SIP Fellow Award.
He was conferred with Make a difference award from Incredible Europe summit held in Vienna.
He received the Honorary Fellowship from Gitam University, Visakhapatnam.
Suhas Gopinath – FAQs
What is Suhas Gopinath net worth?
As of 2020, the net worth of Suhas Gopinath is estimated at $1 million- $5 million.
What is Suhas Gopinath age?
As of 2021, his age is 35 yrs.
What are the Suhas Gopinath company names?
The companies Suhas Gopinath founded are Globals Incorporation and HappyEMI.
Shradha Sharma founded YourStory, a digital media platform dedicated to startups and entrepreneurs. She currently serves the Founder and Chief Executive Officer (CEO) of YourStory, which was launched in 2008. Her company has been declared as “India’s biggest and definitive platform for startups and entrepreneurs-related stories, resources, news and research reports.” Before launching her startup, she served as an Assistant Vice President at CNBC TV18. She was also a Brand Advisor at The Times of India. She wrote a book called Cut the Crap and Jargon: Lessons from the Start-up Trenches.
Shradha was born in a town in Bihar, India. She was brought up in Patna. Her father served the Indian merchant Navy and her mother was a homemaker. She is married to Gaurav, who is also an Entrepreneur. She currently resides in Bengaluru, Karnataka, India.
Shradha Sharma – Education
Shradha completed her Bachelor’s (1998-2001) and Master’s (2001-2003) degree in History from the prestigious St. Stephen’s College, Delhi University. Moreover, she completed Design Management (DCM) from Maryland Institute College of Art (MICA),Ahmedabad in 2004.
Shradha Sharma – Professional Life
Shradha served as the Brand Advisor at The Times of India from January 2006 to June 2007. She was designated as the Assistant Vice President at CNBC Tv18 from June 2007 to July 2009.
She is currently the Founder, CEO and Chief Editor at YourStory, founded in 2008. In an online YouTube talk show, Chai with Lakshmi, she has been called “the biggest storyteller of India’s digital space.”
She was once featured in a TechGig story as one of “5 women Indian entrepreneurs in India you should know about.” The Hindu described her as the one who has shattered the glass ceiling.
Shradha’s prior Journalism taught her lessons of how to deal with a great content. Her media experience at CNBC and Times of India gave her an understanding of how media businesses run – what works and what doesn’t. She relied on these learnings everyday to improve and channelize herself to be a better professional and create a business that would make a difference in the most realistic and basic way possible.
Shradha Sharma – Success story
While working as a journalist at CBNC TV18, she realized her interest towards startup companies and profiles. She liked to invest her time in writing great stories about successful people all around and shared them through her blog. She was fond of writing about startups that gradually turned to new heights.
She believed that people around the world were doing great things but they were hardly covered by the media as they weren’t famous there. She eventually turned her blog into a website and got noticed by the masses gradually. She did not have any earlier business model, but her great content eventually drew attention. There were even times when she was asked to leave a pre-scheduled interview, just because her website was not popular enough.
Today, YourStory has received investments from well-known business persons including, Ratan Tata, Vani Kola, Karthee Madasamy and T.V. Mohandas Pai.
Shradha Sharma – YourStory
YourStory Logo
Shradha is serving as the Founder, CEO and Chief Editor of YourStory. The digital media platform was founded in September 2008. Reportedly, the estimated monthly net income of YourStory is $4000 and net worth estimates to $678K. It tells stories in 12 Indian languages.
YourStory is regarded as one of India’s leading online media venture for Entrepreneurs and Startups, with flagships properties – YourStory.com, SocialStory, HerStory. Over 40,000 stories of entrepreneurs have been published on YourStory.com and they reach to over 10 million engaged readers every month.
The startup industry has witnessed unbelievable transformations. The stories of Nike’s rise in the sporting goods segment and KFC’s dominance as a fast food behemoth have shown that nothing is predictable in this era of cut-throat competition. When we talk about the beverage industry, one name is synonymous with global influence. It’s none other than Starbucks. The evolution from a shop that sold coffee beans into a multi-billion company is inspirational. But as they say, achieving success is nigh impossible without struggle, pain, and hard work. Starbucks is where it is today because of Howard Schultz’s strategies and leadership.
Howard Schultz’s iconic image is due to Starbucks’ meteoric rise under his guidance and his tenure as a member of the board of directors of Square. Discover more about Howard Schultz and how he set up Starbucks.
Howard Schultz – Biography
Name
Howard Schultz
Born
19 July 1953, Brooklyn, New York, United States
Age
67 Years
Education
Northern Michigan University, Canarsie High School
Schultz worked as a salesman for Xerox Corporation in the beginning. The turning point came in 1979 when he was appointed as the general manager for Hammarplast, a Swedish drip coffee maker. When he visited a client of Hammarplast in 1981, he observed a coffee bean shop named Starbucks order plastic cone filters.
The company’s knowledge about coffee impressed him and he joined Starbucks. Howard Schultz joined as the director of marketing. His trip to Italy changed Starbucks’ operational approach. He noticed that coffee shops existed on every street of Italy which served a wide variety of coffee. These places acted as meeting points for people. Schultz proposed a new marketing strategy which wasn’t welcomed. Schultz left the company as a result.
Howard Schultz – How It All Started?
After quitting Starbucks, Schultz needed around 400,000 USD which was difficult at that time. Jerry Baldwin and the co-founder of the company, Gordon Bowker offered to help him set up the first store. In 1986, Schultz opened ‘II Giornale’, which was named after the Milanese newspaper. The store had a vivid menu, ranging from coffee to ice cream. Schultz was determined to implement the inspiration received from his Italy trip. The store had seating facilities and opera music.
After two years, Starbucks’ management committee sold its entire retail unit to Schultz. The net worth of the unit was around 3.8 million USD. Later on, Schultz renamed II Giornale to Starbucks. There was no return for Starbucks after this. Under Schultz, the company witnessed rapid growth and expanded throughout the United States. Schultz’s knowledge on real estate proved vital in Starbucks becoming a household name in the country. Schultz stepped down as the CEO of the company in 2000 and became the Chief Global Strategist to help expand the company globally. A new era for Starbucks began.
Howard Schultz – Expansion Of The Coffee Chain – Starbucks
Although the company was successful in the food and beverage circuit, it was largely due to domestic profits. International sales weren’t satisfactory, and Schultz returned as the CEO of Starbucks after a hiatus of 8 years. He fired several executives and ordered a shutdown of non-performing stores across the globe. Howard also hired a Chief Technology Officer, and he introduced the Starbucks Reward Card.
Howard Schultz – Salary And Presidential Aspirations
Schultz was earning around 9 million USD while radicalizing Starbucks. In 2016, he stepped down as the CEO of Starbucks and acquired the post of executive chairman. After two years, he announced he was quitting Starbucks to have a shot at the presidential campaign.
Howard Schultz – Tenure With Seattle SuperSonics
In 2001, Schultz and nine other investors purchased the National Basketball Association’s Seattle SuperSonics and the women’s team, Seattle Storm, for 200 million USD. But his tenure with the team wasn’t fruitful as the fans thought his idea to run the team as a business rather than a sports team was crass. Schultz was on bitter terms with the team captain as he criticized the captain for his absence in the team’s first practice session.
Later on, he sold the team to Clay Bennet, the chairman of the Professional Basketball Club for 350 million USD. This move was taken in accordance with his inability to collect public funds for building a stadium. A series of lawsuits followed and Schultz is still disliked in some parts of Seattle.
Howard Schultz – The Author
Apart from being a successful entrepreneur, Schultz has penned multiple books. ‘Pour Your Heart Into It: How Starbucks Built a Company One Cup at a Time’ was released in 1997. He co-authored ‘How Starbucks fought for Its Life Without Losing Its Soul’ with Joanne Gordon. His third book, ‘For Love of Country’, was co-written with Rajiv Chandrasekaran and published in the year 2014.
Howard Schultz – An Inspiration
Howard Schultz has seen crests and troughs; an unpleasant tenure with Seattle Supersonics and a successful stint with Starbucks. He didn’t back off when it came to making the harshest of decisions. His marketing strategies transformed Starbucks from a coffee bean store to an 80 billion USD organization. It is a no brainer that Schultz is an inspiration for budding entrepreneurs.
While we’re talking about coffee, here’s something to keep in mind whenever you’re facing a professional or personal challenge: Howard Schultz, the founder of Starbucks, was rejected 242 times when he tried to secure capital. Think about that.
Why is Starbucks so expensive?
Starbucks stores are always in prime locations with the most exposure to people. Starbucks is very picky about where they place their locations. Although this is a reason your Starbucks is so expensive, it is another part of the convenience. People want a Starbucks that is on their way to work or school.
Where is Howard Schultz from?
Howard Schultz is from Brooklyn, New York, United States.
How much money does Howard Schultz make a year?
Schultz stepped down from the job in April 2017 to become executive chairman, before retiring in 2018. In Starbucks’ 2016 fiscal year, the last full year Schultz was CEO, his total compensation was more than $21.8 million.
Is Howard Schultz a transactional leader?
He was hired by the company in 1982. In 1984, Schultz opened the first Starbucks coffeehouse based on the concept of an Italian espresso bar. As a transactional leader, he was responsible for the vision and implementation of the Starbucks model.
What are Howard Schultz’s skills?
Schultz wasn’t like other leaders; his leadership qualities and styles were different and most underrated. But even with those qualities, he became the reason for the success of Starbucks.
Howard Schultz – Conclusion
Howard Schultz is a transformational leader who has different leadership qualities as compares to other leaders. He began the U.S.’s second coffee revolution. He had an employee-focused leadership style that left a template for other business owners to follow as they grow their own enterprises. Schultz grew a worldwide brand by having the most underrated leadership style. He failed numerous times and was rejected by most of the investors before starting his business. But he never gave up and continued working hard to build a brand like Starbuck.
MS Dhoni is the most iconic captain that Indian Cricket has ever seen. A journey which started from being a ticket collector to India’s most successful captain is something every entrepreneur should try to imitate. Dhoni has his unique leadership skill that can be useful to any entrepreneurs who are guiding a team or running a business. But there is a lot more behind the scenes of a man who inspired a common man to dream.
For a man hailing from a humble background, conquering the world seems like a fairy tale. Dhoni’s unparalleled success in a short span of time has been accomplished by being fearless in tough times. He has always delivered for the nation when it has mattered the most. The leadership qualities of MS Dhoni have won India three ICC trophies which in itself is a dream for any player leading the side. There is much to learn from Dhoni for leading entrepreneurs and managers.
Important Entrepreneurial Lessons from the Leadership of MS Dhoni
MS Dhoni’s 7 rules of Success to which Entrepreneurs can relate
Try Till You Die
Building a business is like playing in unknown territories. One has to be involved in every aspect of the business. MS Dhoni as a leader didn’t dwell down on successive test failures in England and Australia. Rather, he led India to a tri-series triumph in Australia. He treats each game a new one and with it comes a new challenge. Keeping a similar attitude could greatly help startup founders and leaders to achieve the desired results. Dhoni teaches that victory does not mean never falling, but rising every time you fall.
MS Dhoni
Keep Calm Under Adverse Situations
MSD is bestowed upon with “Captain Cool” by the cricket fraternity as he remains calm and composed even when things are not going his way. Everyone has to face up and downs no matter what your field is. But only a few have the ability to control the outburst of the emotions during tough periods. We rarely see him antagonized by bad deliveries, poor throws from the deep.
Every entrepreneur must inculcate his calm and patient approach to deal with the worst situations in a business. A calm leader radiates confidence in a team. A leader, who keeps calm in adverse situations, can think rationally and take appropriate decisions. Thus, a leader must learn to keep clam.
Lead From The Front
A great leader leads by example. Be it a failure or a success, a leader takes full responsibility. A captain has to play a huge role in a sport as Cricket and MSD have always been at the forefront. The skipper is the man behind all the strategies, team combinations and decisions. Batting up the order in 2011 World Cup Final was one such a move which showcased his leadership style and ability to take responsibility when his team needed the most. The same holds true for an entrepreneur as his leadership style decides the fate of the budding organization.
Bring The Best Out of Your Team
MSD has been one of the few leaders who understand the strengths and weaknesses of every individual of the team. Choosing Joginder Sharma to bowl the last over of a T20I final showcased his belief in a young individual and this belief took the best out of the bowler in the crunch moment. This won India their first T20I World Cup. The Right person for the right job has been Dhoni’s philosophy that every manager or company owner must follow to get the best talent within the team.
Above all those accomplishments as a leader and a player, there have been these innate traits that have earned MS Dhoni a name for himself. Seeing every success that a cricketer aspires to, he never got carried away with success. He hands over the winning trophy to his teammates which is his gratitude towards the contribution of every team member.
Tell your team that the success that the company has achieved wouldn’t have been possible without them. Acknowledging every team member imparts confidence in employees and motivates them to work harder.
Believe in your Instincts
MSD has been the most unorthodox cricketer that India has ever seen. As a batsman, he is not technically sound as Sachin Tendulkar or Rahul Dravid and neither his wicket-keeping style resembles cricketing manuals. He faced severe critics for his batting and keeping styles, but he always believed in his abilities and proved others wrong. As an entrepreneur, you must learn to believe in your instincts and move ahead fearlessly.
Final Words
Dhoni’s story has everything to inspire a generation. The numbers speak for the man. Two ICC World Cups, Test No. 1 and Champions Trophy is a rare feat in a captain’s kitty. Take a bow captain! A true servant of Indian Cricket and a true human being.
These are the leadership qualities of MS Dhoni that managers should learn:
Stay Calm
Stay Grounded
Lead from the Front
Encourage Others to Perform
Share the Credits
Where is from MS Dhoni?
MS Dhoni is from Ranchi.
What is special about Dhoni?
Dhoni is a right-handed batsman. He is known as the greatest captain of all time, having achieved more success than any other captain in the history of cricket. The Indian cricket team won the 2011 Cricket World Cup under his captainship.
Who is the Inspiration of Dhoni?
Hailing from a very small town of Ranchi, Dhoni dared to dream and with courage and guts make that dream a reality. Since a very young age, he idolized Sachin Tendulkar who is known as the God of Cricket and Bollywood actor Amitabh Bachchan.
This article is a part Company Profile, an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Clumio.
Traditional approaches to backup and recovery, even those claiming to be SaaS, are unnecessarily complex and require significant resources to manage and administer. Clumio allows you to manage backup through a single service; you can set it and forget about it. And since Clumio is a service, their support team handles the diagnosis of any issues.
Backup and recovery is a critical function in today’s enterprises, but it doesn’t have to be a massive time and resource drain. Your administrators don’t have to be dedicated to backup and don’t need significant training. Now they can focus on more strategic initiatives.
“Clumio cloud-native backup removes complexity from day-to-day operations on-prem and in the cloud. Now we can focus on building the apps that deliver the most business value.” :MARCUS JOHNSTON, CHIEF SECURITY OFFICER, INFOGIX, INC.
Clumio – Latest News | Achieves ISO 27701 Certification
Clumio’s secure backup as a service for the enterprise has achieved the ISO 27701:2019 Privacy Information Management System (PIMS) certification. It is the First Internationally Recognized Privacy Standard Aligned with GDPR (General Data Protection Regulation)
In addition to this, the company recently announced Clumio Access Management. It is a new set of secure access management capabilities designed to provide corporate IT with more granular department and role-based access controls.
Clumio- About and How It Works
Clumio is a secure, backup as a service for the enterprises that eliminates the complexity of infrastructure management with authentic SaaS. Enterprises can consolidate the protection of their data centers with no hardware or software to size, configure, manage – or even buy at all. Clumio eliminates the need for complex capacity planning by automatically scheduling the expansion and contraction of resources as needed.
Regardless of where your data is managed, created, or stored—whether it’s in a cloud, a hypervisor, a database, or from another SaaS solution, you will have a unified view of all of your backup data for the first time. On their journey to the cloud, enterprises can use the same service to protect workloads like VMware Cloud on AWS and native AWS services.
Clumio has reimagined enterprise backup and recovery, taking full advantage of the scale, economics, and elasticity of the public cloud to give you a new and game-changing backup experience. Clumio eliminates the complexity of managing infrastructure, on-premise and in the cloud, to deliver secure and authentic SaaS.
Clumio- Founders
Clumio is founded by Poojan Kumar, Kaustubh Patil and Woon Jung.
Clumio Founders | Poojan Kumar, Kastubh Patil and Woon Jung
The founders knew each other from 10 years at VMware, PernixData, Nutanix, and now Clumio. Kaustubh Patil, ex-VMware, ex-IIT Alum; and Woon Jung, ex-VMware, ex-CMU alum. Kaustubh is the VP of Engineering responsible for running the development of their product and Woon Jung is the CTO, responsible for the architecture of the platform. The current company is more than 170 people, 40% of whom have been hired since the beginning of the COVID pandemic.
They have a strong culture of Trust, Accountability, Transparency, Innovation, and Respect for each other. The company looks for the rare combination of smartness and humility in everyone they hire.
Sandeep Soni, GM & VP of Engineering, India Operations,Clumio
How Clumio Started?
The inspiration for the company came from other cloud-native companies like Snowflake and Datadog. As customers move from on-prem to the public cloud, this is causing a big shift in the industry as a whole. The next generation of enterprise companies are going to be companies that is going to build a cloud-native, cloud-agnostic platform delivered as a service on the public cloud. That was the inspiration and the ‘why’ behind Clumio.
They researched the idea by talking to customers moving to the public cloud. And when they thought about building a platform like Snowflake built, but for data protection, everyone they talked to, customers, investors, and other advisors, loved the idea. They knew that, while this was not going to be easy to build, but once they built it there is a huge market to disrupt and the team could have an opportunity to build a big company on the public cloud.
Clumio Indian Team
Clumio- Name, Tagline and Logo
The genesis was cumulus, which means cloud as they set out to build a cloud company. Then it was adding more letters on cumulus and they thought of like playing a game of scrabble with the constraints that the team wanted something easy to remember and spell.
Clumio | Logo
So, they came up with Clumio!
Clumio- Vision and Mission
Clumio’s long term vision is to deliver data protection as a service across private cloud, public cloud, and SaaS. They believe that data protection should be consumed via a service and customers shouldn’t need to do things themselves. Any SaaS company of the future is going to be built on the public cloud.
Gartner predicts that data protection is a $10B+ market worldwide and that only includes data protection for private cloud. Clumio does data protection for private cloud, public cloud, and SaaS data sources. Their estimate is that the overall market, if we include public cloud and SaaS, will be a $30B+ market worldwide.
The product works as a service on the public cloud. It solves the problem of data protection for workloads running in on-prem data centers, public cloud, and other SaaS applications. The innovation is to build a service that scales seamlessly and the USP is to do this without requiring any heavy lifting from a customer point of view and delivering simplicity for the end-user.
“Clumio has been a disruptor that’s taken us to a different level. It would be great if every vendor worked like this” :JIM BOYER, CIO, RUSH MEMORIAL
The company recently announced – Clumio Access Management. It has a new set of secure access management capabilities designed to provide corporate IT with more granular department and role-based access controls. It Delivers:
A simplified experience
Zero trust security
Contextual navigation
Consistent data protection
Clumio- Authentic SaaS Benefits
1. Easy to Manage
Traditional approaches to backup and recovery, even those claiming to be SaaS, are unnecessarily complex and require significant resources to manage and administer. Clumio allows you to manage backup through a single service; you can set it and forget about it. And since Clumio is a service, their support team handles the diagnosis of any issues.
2. Scale On-Demand
With existing approaches to backup, one of the biggest challenges is knowing how much infrastructure you are going to need— on premise and in the cloud. Today, you have to spend time and effort guessing how much capacity you might need later. This makes scaling for growth a huge burden. Clumio dynamically adds backup resources as needed. You don’t even need to think about it. After all, you have more important things to do.
3. Predictable Costs
There are no bills for infrastructure, no need to figure out how much to buy, no worries about depreciating assets, just predictable costs for authentic SaaS. Enjoy the flexibility of OpEx and effectively manage budgets through a predictable consumption model. Instead of having to buy a lot of on-premise or cloud infrastructure, you simply click, login, and establish what you need and what you pay for.
Fragmented backup strategies wreak havoc with your already significant compliance challenges. Managing multiple backup solutions gets in the way of knowing where you are and where you need to go concerning backup compliance. With Clumio, you’ll have one place to set and apply your backup policies no matter where your data is.
5. Always on Security
Clumio has designed a highly secure solution in the public cloud. Their native cloud design ensures that their service is capable of securely backing up data in the cloud. The way that they manage keys, the way they manage data segmentation and the way they encrypt data before it ever moves all contribute to secure online backup. Equally important, the company has built end to end integrity which checks into all of their software to safeguard all data transfers.
Clumio’s business is based on a subscription model. They sell subscription for data protection for VMware virtual machines, AWS services or Microsoft 365. Customers sign up for a 1 year or multi-year subscription on all the use cases the company support on the platform. The subscription includes everything and there are no hidden charges.
Clumio- Startup Launch
The executive team of Clumio is well versed in enterprise selling. They started with recruiting customers for their Alpha service and Beta service early on. And then when they had a GA service, they already had a bunch of customers ready to go. The team also cold-called a lot of customers to sell them the value proposition. And they also engaged with their channel partners to educate them on their innovative services, which in turn helped them in getting a lot of customers.
It was a variety of things they did to get to their first set of customers and they have since scaled their efforts to get to their current large base of customers.
As Clumio scaled from 100> 10,000, they expected to market their current use cases and use their reference customers to attract more customers on the platform. They also expect to scale their geographic regions and the channel to get to the next level. They are also closely working with their partners like Amazon (AWS), Microsoft (Azure), and VMware (VMware on AWS Cloud).
Clumio- Competitors
Clumio sees a broader opportunity for SaaS-ifying data protection (DPaaS) including data management, analytics, and log management. It is initially focused on secure, backup as a service. Clumio’s Competitors are Acronis, Cohesity, Rubrik, and Veeam, which are all based on on-premises software and aim to move into the cloud.
Some of their initial challenges were to build the platform, with the simplicity and scalability that they had initially envisioned so that they can deliver delight to their customers. Clumio’s next set of challenges were to evangelize the service and SaaS for data protection, with the right security features they built, so their customers and channel partners invest in Clumio as a platform.
Mike Speiser, Sutter Hill Ventures, Mike Volpi, Index Ventures Kevin Yang, Altimeter Capital
The funding they have raised has helped Clumio to grow the company, invest in R&D, go-to-market (marketing and sales), build a customer base and gain adoption for the platform.
John Thompson, Chairman of the Board Microsoft, ex-CEO Symantec
Doug Merritt, CEO Splunk
Chris Degnan, CRO Snowflake Computing
Clumio- Recognition and Achievements
Clumio VMworld 2019 Best Of Show
Clumio’s Biggest Achievements till today are listed below:
CRN Emerging Vendors, 2020
CRN Software Defined Data Center 50, 2020
2020 Best Places to Work, Silicon Valley Business Journal
Storage Magazine Products of the Year 2019, Finalist
CRN Data Center 50, 2020
VMworld 2019 Best Of Show
VMworld 2019 Gold Award, Data Protection
Clumio is an Innovative enterprise tech startups which tackle both new and longstanding challenges.
Clumio- Future Plans
They have Research and Development in 2 locations; Santa Clara, CA, and Bangalore, India. The company has grown to more than 170 people. They have a wide variety of customers across the United States and Canada where they operate today on AWS regions.
Their plan for the next 2 years is to continue to grow the team, the customer base and expand their footprint in the US, Canada, and International locations.
Clumio- FAQs
Who are founders of Clumio?
Poojan Kumar, Kaustubh Patil, and Woon Jungare the founders ofClumio.
When was Clumio founded?
Clumio was founded in 2017.
Where is Clumio’s headquarters?
Clumio’s headquarters is in Santa Clara California, USA.
How many Clumio customers are there?
There are around 1000 Clumio customers.
How much revenue does Clumio generate?
Clumio generates around $20 Million per year.
Who are Clumio’s competitors?
Clumio’s Competitors include Acronis, Cohesity, Rubrik, and Veeam.
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.
Who doesn’t love money? We all love money and the term has got a broad range of uses. Experience is an important thing which is loved a lot by the consumers. Who does not desire a good roadmap to better payments? Yes, we all do!
Ripple has got a RTGS system, remittance and a currency exchange network. It helps its users to instantly move money in any corner of the world. Several financial institutions choose Ripple to provide their customers with good payments experience. Read the Ripple success story below.
Ripple is a payment system that provides a frictionless experience to its users. It is used to send money around the world using the help of blockchain. It enables financial institutions and banks to directly transfer money with each other globally.
Ripple – Founder and Team
Chris Larsen, Executive Chairman and Co-founder, Ripple
Chris Larsen is an angel investor and a business executive. He is known for co-founding technology startups. He was born in 1960 in San Francisco, CA, USA. He is an American and his net worth is $4.6 billion. He completed his education from San Francisco State University and pursued a MBA from Stanford Graduate School of Business. He is the Executive Chairman and Co-Founder at Ripple. He was also the Co-Founder and CEO of Prosper Marketplace. He began his career as a Co-Founder and Chairman at Eloan.
Ripple – Business Model
Ripple Logo
Ripple provides a carefree global payments platform to its users. It connects payment providers, corporates and banks to send money globally.
Ripple is a private company. Companies like Ripple raise funds through institutional investors and venture capital. The revenue model is based on skilled services. It is a protocol designed for quick transfers between the two parties. Ripple makes money by licensing software, making partnerships with technology integrators, integrating software and technical support.
Ripple has raised a total amount of $293.8 million in funding.
Date
Transaction Name
Money Raised
Lead Investor
April 3, 2020
Secondary Market
–
–
December 20, 2019
Series C
$200 million
Tetragon Financial Group Limited
May 12, 2017
Corporate Round
$200,000
–
April 30, 2017
Secondary Market
–
–
September 15, 2016
Series B
$55 million
SBI Investment
September 15, 2016
Secondary Market
–
–
October 6, 2015
Series A
$4 million
Mouro Capital
May 19, 2015
Series A
$28 million
IDG Capital
November 12, 2013
Seed Round
$3.5 million
Core Innovation Capital
May 14, 2013
Seed Round
$1.4 million
–
Ripple is funded by 36 investors. It has got 5 lead investors. Adam Morley is the recent investor.
Ripple – Competitors
The top competitors of the company are Bitcoin.com, Dogecoin and Litecoin.
Bitcoin.com is one of the top competitors of Ripple. The company is headquartered at Frigate Bay, St. Kitts. It was founded in 2008. It works in the Transaction Services industry.
Dogecoin is also one of the top competitors of Ripple. It was founded in 2013. It is a private company headquartered at Frostviken, Jämtlande Iän. It works on the Internet Software industry.
Litecoin is the #3 competitor of Ripple. It was founded in 2011 and is headquartered at San Francisco, CA, USA. It operates on the Internet Software field.
With RippleNet, customers can quickly access new markets, expand their services and deliver the best customer experience in global payments today. With a single connection, customers can access the best blockchain technology for global payments, payout capabilities in over 40 currencies.
What is the difference between Ripple and XRP?
Ripple is a technology company that provides the most efficient solutions for sending money globally through a robust, global payments network, RippleNet.
XRP is a digital asset independent of Ripple, and the XRP Ledger is the open-source technology behind it. The XRP Ledger was created independently from Ripple and thus, Ripple does not control or own it.
Who is the Founder of Ripple cryptocurrency?
Chris Larsen is an angel investor and a business executive. He is the Executive Chairman and Co-Founder at Ripple.
Who is the CEO of Ripple Network?
Brad Garlinghouse is the CEO of Ripple Network.
What does Ripple provide to its users?
Ripple provides a carefree global payments platform to its users. It connects payment providers, corporates and banks to send money globally.
What is XRP? How do I trade XRP?
XRP is an open-source, decentralized digital asset built for payments. XRP trades on over 100 markets and digital asset exchanges worldwide. If you’ve already traded XRP and have a question about your trade, then please reach out to the exchange directly. If you are looking for exchanges to trade XRP, you can search for exchanges on your Internet browser.
Ripple – Conclusion
Ripple is a technology company that provides the most efficient solutions to send money globally using the power of blockchain technology. Their vision is to enable the world to move value like information moves today—the Internet of Value.
Ripple is the only enterprise blockchain company today with products in commercial use. Their global payments network, RippleNet, includes over 300 financial institutions across 40 countries and six continents. They work with regulators, governments and central banks—not against them but with them to improve the way the world moves money.
These are crazy times wherein the COVID-19 pandemic has confined the whole world to their homes. It’s as if socializing has come to a standstill. Venturing outside one’s home without any reason attracts penalties and punishments! While the economy and work have taken a deep hit, many companies have capitalized on the fact that people are trying to pass time anyhow in this pandemic, leading to increased revenues for many organizations. One such domain is that of online courses and MOOCs. There are several individuals like you who want to make the best out of this situation by learning and exploring through platforms like Coursera and Udemy.
Hence, we have curated a list of free startup courses with certificates that are either free of cost or are heavily discounted to help you stay at home and improve yourself.
Platform
Course
Type
Where to get
Coursera
The Strategy of Content Marketing
Free due to Lockdown
coursera.org/learn/content-marketing
Coursera
Content Strategy for Professionals: Managing Content
Free due to Lockdown
coursera.org/learn/content-management-strategy
Coursera
Viral Marketing and How to Craft Contagious Content
Karan suri
